Chase Southwest Rapid Rewards Performance Business
Chase, Visa, $299 annual fee. Earns Southwest Rapid Rewards, valued at 1.30¢ a point.
Rates not yet re-checked against the issuer. Foreign transaction fee: none.
The short version
- Best at: nothing in particular — no category puts it in the top three of the catalogue.
- A year's rewards: about $431, or $132 after the fee.
Is the annual fee worth it?
It earns about $431 a year on the illustrative household's spending, which is $132 once the fee is paid. The best card with no fee, American Express Blue Business Plus, nets $1,058 on the same spending — so this card is $927 a year behind. On earning alone it does not catch up at any level of spending this looks at — its credits and perks have to make up the difference, or the fee is not paying for itself.
Priced on an illustrative household spending $2,205 a month on a card — the assumption, in full. Credits and perks are not priced: they are worth their face value only if you would have spent that money anyway.
What it earns, category by category
| Earns on | Rate | ConditionsWhat the issuer attaches to this rate: a spending cap, a category you have to switch on, or a booking you have to make through its travel portal. |
|---|---|---|
| Flights | 4x | Southwest only. Southwest purchases only |
| Gas Stations, Restaurants & Bars | 2x | |
| Hotels | 2x | Booked directly with the hotel |
| Public Transit, Rideshare & Taxis | 2x | Local transit and commuting, including rideshare |
| Everything else | 1x |
Where a year's rewards come from
| Spending on | Earns a yearWhat this card earns on each kind of spending over a year, for the illustrative household on the method page. Before the annual fee. |
|---|---|
| Restaurants & Bars | $94 |
| Groceries | $78 |
| Everything Else | $78 |
| Gas Stations | $47 |
| Online Shopping | $23 |
| Hotels | $23 |
Priced on an illustrative household spending $2,205 a month on a card — the assumption, in full. Credits and perks are not priced: they are worth their face value only if you would have spent that money anyway.
Similar cards
- American Express Delta SkyMiles Platinum — annual fee $350 a year
- American Express Delta SkyMiles Platinum Business Card — annual fee $350 a year
- Chase United Quest — annual fee $350 a year
- Chase Rapid Rewards Priority — annual fee $229 a year
- Every airline card, ranked
- When an annual fee pays for itself
- The best two- and three-card combinations
Point values: published industry valuations, read 2026-09. How every number here is worked out.